Procurement Analyst

A procurement Analyst is a professional responsible for sourcing, evaluating, and purchasing the goods, services, and materials an organization needs to operate while managing supplier relationships and controlling costs

Quiz Questions

Q142: A supplier wants to assign the contract to another company. What must the officer check?

Wait until someone else complains

Cancel the process without giving any reason

Rely on the supplier's word instead of evidence

Whether the contract allows assignment, then obtain proper approval and due diligence on the new party

Split the purchase to avoid higher approval levels

Q143: A tender requires a bid security of 2% of the estimated value of 1,500,000. What is the amount of the security?

33,000

30,000

38,100

43,200

48,300

Q144: A bidder offers lots priced at 60,000, 45,000, and 30,000 with a 4% discount if all three lots are awarded. What is the total price for all three lots?

135,000

140,400

134,996

142,560

129,600